FlamAid funding news – Barcelona-based FlamAid Secures €250k in First Funding
Jul 9, 2024 | By Startup Rise EU
![Innovative startup FlamAid raises €250k in initial funding to improve personal safety with cutting-edge tech solutions. Leading venture capital firms and angel investors, including Ona Capital, have spearheaded this financing round, which is a major turning point in FlamAid's goal of giving people more security and peace of mind.](https://startuprise.co.uk/wp-content/uploads/2024/07/Barcelona-based-FlamAid-Secures-E250k-in-First-Funding.webp)
Innovative startup FlamAid raises €250k in initial funding to improve personal safety with cutting-edge tech solutions. Leading venture capital firms and angel investors, including Ona Capital, have spearheaded this financing round, which is a major turning point in FlamAid's goal of giving people more security and peace of mind.
SUMMARY
- Innovative startup FlamAid raises €250k in initial funding to improve personal safety with cutting-edge tech solutions.
- When FlamAid was founded in 2022, its goal was to lead the personal safety industry by offering products that were easy to use and effective for anyone.
In addition to serving as a security measure, it's "peaceful grenade" also expresses the company's motto, "You will get home." Users can feel safe at all times with this device's powerful personal alarm and direct connection to emergency services and support networks.
Julieta Rueff, Founder and CEO, explained, " that the investment will be used to consolidate the company’s market presence and continue developing technologies that not only protect but also empower individuals. I am very proud of what we are building at FlamAid. Above all, we are immensely thankful to our hardworking team and supporting investors. This is the beggining of a new protection era, where people are free of fear and free to be themselves.”
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Guillem Crosas, one of FlamAid’s business angels, commented:“As a business angel, you always try to find the best projects to invest, and in my 10 years of experience, I have never found a project as impressive as Flamaid. First, for its founder, Julieta, an impressive woman that has a vision and I have no doubts she will succeed in it. Second, for the values and goals of the company, having the best possible goal a company can have. And finally, for the team surrounding Julieta that adds experience and even more value to the company. I have invested in lots of startups but honestly no other investment was as easy to decide than Flamaid, its an honor to be part of it.”
About FlamAid
When FlamAid was founded in 2022, its goal was to lead the personal safety industry by offering products that were easy to use and effective for anyone.
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